Senior AML Financial Crime Risk Oversight Specialist

at  TD Bank

THE SPECIFIC ACCOUNTABILITIES INCLUDE THE FOLLOWING:

• Leads the execution of key deliverables within Governance Chapter of Enterprise RTS Program with a focus on standing up the enhanced governance framework to effectively manage financial crime risk in accordance with the Bank’s risk appetite.
• Drafts proposals, standards, and guidelines to define enhanced governance for FCRM Program, including defined reporting lines, feedback loop, and escalations to Senior Management
• Leads elements of strategic planning and execution of Chapter 1 of the Enterprise RTS Program and implementation of Target Operating Model.
• Establishes and develops effective relationship with Senior Management, business lines, and internal stakeholders to manage interdependencies and ensure alignment with different RTS chapters.
• Identifies mitigating facts and circumstances to respond to potential issues identified during the examination, pre-exam sessions and post exam sessions.
• Provide advisory support to deliverables impacting business lines and other corporate partners.
• Ownership of key deliverables within Chapter 1 of Enterprise RTS Program.
• Act as subject matter expertise to provide insight, guidance, and recommendation on RTS deliverables and FCRM issues, regulatory and industry issues.
• Keep current on emerging issues, trends, and evolving regulatory requirements and assess potential impacts.
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite.

JOB REQUIREMENTS: OTHER QUALIFICATIONS/SKILLS/EXPERIENCE:

• Bachelor’s degree or relevant industry or risk and compliance management experience and/or accreditation.
• 10+ years of experience with one or more of the following:
• Risk, Governance and Control functions
• Internal Audit
• Project management
• Strong risk and compliance management experience, particularly in understanding the development of and implementation of risk initiatives.
• Ability to thrive within an environment with a high level of ambiguity.
• Organizational awareness and demonstrated relationship building skills, with a superior ability to make things happen through the use of positive influence.
• Strong organization skills, with the ability to work in a fast-paced environment and manage multiple deadlines and priorities.
• Skillful communication (written and verbal), negotiation and conflict management skills.
• Ability to influence people and deal with conflicting points of view and to effect creative and responsive solutions.
• Excellent analytical skills with the ability to synthesize information into key messages for executive reporting and communications.
• Promote positive team interactions and bring a high level of enthusiasm.

THE TD GLOBAL FINANCIAL CRIME RISK MANAGEMENT (FCRM) DEPARTMENT IS ACCOUNTABLE FOR ESTABLISHING TD’S GLOBAL ANTI-MONEY LAUNDERING, ANTI-TERRORIST FINANCING, ECONOMIC SANCTIONS AND ANTI-BRIBERY/ANTI-CORRUPTION (COLLECTIVELY, AML) PROGRAM TO ENSURE THAT ALL TD BUSINESSES ADHERE WITH FCRM REGULATORY EXPECTATIONS IN ALL JURISDICTIONS WHERE TD OPERATES. THIS INCLUDES SETTING CONSISTENT STANDARDS ACROSS BUSINESS SEGMENTS THAT MAY BE FURTHER TAILORED TO SPECIFIC BUSINESS OR JURISDICTIONAL REQUIREMENTS; CONDUCTING PERIODIC ENTERPRISE-WIDE AML RISK ASSESSMENTS; MAINTAINING THE GLOBAL AML POLICY (INCLUDING KNOW YOUR CUSTOMER AND ENHANCED DUE DILIGENCE, RECORD KEEPING & RETENTION REQUIREMENTS); CURRENCY TRANSACTION AND SUSPICIOUS TRANSACTION MONITORING AND REPORTING; SCREENING TD CUSTOMERS AGAINST REGULATORY WATCH LISTS; A HIERARCHY OF DESIGNATED FCRM OFFICER FUNCTIONS; ENTERPRISE-WIDE AND SPECIALIZED FCRM TRAINING OF EMPLOYEES; AND INDEPENDENT FCRM TESTING.

Financial Crime Risk Management (FCRM) Governance and Road to Strong (RTS) team designs, develops, and implements an effective governance framework for the FCRM Program through the Enterprise RTS Program. The Enterprise RTS Program aims to strengthen the governance and control environment for financial crime risk in Canada and TDS and to promote a strong culture of risk awareness across the Bank.